Personal Finance: Real Life Budgeting Practice

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This will help students understand and grasp the personal finance vocabulary in a practical way. The students will have the choice in their own occupation and expenses - they will learn how to budget and the importance of budgeting through this activity.

TEKS 4.10 (A) Distinguish between fixed and variable expenses
TEKS 5.10 (B) Explain the difference between gross income and net income
TEKS 5.10 (D) Develop a system for keeping and using financial records
TEKS 5.10 (F) Balance a simple budget

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For Taxes: Check this out
>> https://www.teacherspayteachers.com/Product/Finance-Literacy-Types-of-Taxes-Property-Payroll-Sales-Income-Tax-2820990